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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133884 times)
EdenHazard
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August 11, 2016, 03:53:25 AM
 #1041

Many people dream about house to build or to buy their own but others till dream only because they cant afford to buy a house. If you have a 10btc above maybe its the time to wait the price of btc hit your desire price before you make a decisions to buy a house or invest it again.
But if i were you if have a 50 btc and above now you make a decision to buy a house or to build it becoz 50 btc if you converted it into cash is enough to build a house if you have own lot.
50 bitcoin are equals to 29,854 USD which it is far than enough to build or buy a house if you live in USA, as average cost for custom home building are around 304,268 USD according to home advisor. so you need 450 bitcoin more to build a comfortable house in USA.

a house are property and investing on property are pretty wise choice. you should not procrastinate it.

.
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August 11, 2016, 04:24:47 AM
 #1042

I think your must hold much bitcoin
if you buy house only source bitcoin earn
your must much capital money in your trading
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August 11, 2016, 06:44:05 AM
 #1043

Why not if you have a lot of bitcoin and if you think it is enough to buy a house you should buy it, for me if i given a chance to buy a house using a bitcoin i will put the logo of bitcoin in the front of my house recognizing bitcoin is the part of my house.
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August 11, 2016, 06:58:43 AM
 #1044

Many people dream about house to build or to buy their own but others till dream only because they cant afford to buy a house. If you have a 10btc above maybe its the time to wait the price of btc hit your desire price before you make a decisions to buy a house or invest it again.
But if i were you if have a 50 btc and above now you make a decision to buy a house or to build it becoz 50 btc if you converted it into cash is enough to build a house if you have own lot.
50 bitcoin are equals to 29,854 USD which it is far than enough to build or buy a house if you live in USA, as average cost for custom home building are around 304,268 USD according to home advisor. so you need 450 bitcoin more to build a comfortable house in USA.

a house are property and investing on property are pretty wise choice. you should not procrastinate it.

really expensive, in my country might at least be able to get home a simple but luxurious look with 50 bitcoin.
so I am grateful to not have to get 450 bitcoin to buy a house, because it is difficult or impossible for me to get 450 bitcoin. although it might be, it takes decades.

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August 12, 2016, 09:19:12 AM
 #1045

Many people dream about house to build or to buy their own but others till dream only because they cant afford to buy a house. If you have a 10btc above maybe its the time to wait the price of btc hit your desire price before you make a decisions to buy a house or invest it again.
But if i were you if have a 50 btc and above now you make a decision to buy a house or to build it becoz 50 btc if you converted it into cash is enough to build a house if you have own lot.
50 bitcoin are equals to 29,854 USD which it is far than enough to build or buy a house if you live in USA, as average cost for custom home building are around 304,268 USD according to home advisor. so you need 450 bitcoin more to build a comfortable house in USA.

a house are property and investing on property are pretty wise choice. you should not procrastinate it.

really expensive, in my country might at least be able to get home a simple but luxurious look with 50 bitcoin.
so I am grateful to not have to get 450 bitcoin to buy a house, because it is difficult or impossible for me to get 450 bitcoin. although it might be, it takes decades.

In my county, it will take about 500 bitcoin to get a decent house now. So I have to wait for a few more years.
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August 14, 2016, 02:00:25 PM
 #1046

Many people dream about house to build or to buy their own but others till dream only because they cant afford to buy a house. If you have a 10btc above maybe its the time to wait the price of btc hit your desire price before you make a decisions to buy a house or invest it again.
But if i were you if have a 50 btc and above now you make a decision to buy a house or to build it becoz 50 btc if you converted it into cash is enough to build a house if you have own lot.
50 bitcoin are equals to 29,854 USD which it is far than enough to build or buy a house if you live in USA, as average cost for custom home building are around 304,268 USD according to home advisor. so you need 450 bitcoin more to build a comfortable house in USA.

a house are property and investing on property are pretty wise choice. you should not procrastinate it.

really expensive, in my country might at least be able to get home a simple but luxurious look with 50 bitcoin.
so I am grateful to not have to get 450 bitcoin to buy a house, because it is difficult or impossible for me to get 450 bitcoin. although it might be, it takes decades.

In my county, it will take about 500 bitcoin to get a decent house now. So I have to wait for a few more years.
That is too much of a house, are building a mansion, in my country with only 50 BTC, I could already build a wonderful house. You might need to wait for more years before you can get that big amount of BTC for your house mate and that would also depend on how much you have invested.

.
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August 28, 2016, 07:11:31 AM
 #1047

Many people dream about house to build or to buy their own but others till dream only because they cant afford to buy a house. If you have a 10btc above maybe its the time to wait the price of btc hit your desire price before you make a decisions to buy a house or invest it again.
But if i were you if have a 50 btc and above now you make a decision to buy a house or to build it becoz 50 btc if you converted it into cash is enough to build a house if you have own lot.
50 bitcoin are equals to 29,854 USD which it is far than enough to build or buy a house if you live in USA, as average cost for custom home building are around 304,268 USD according to home advisor. so you need 450 bitcoin more to build a comfortable house in USA.

a house are property and investing on property are pretty wise choice. you should not procrastinate it.

really expensive, in my country might at least be able to get home a simple but luxurious look with 50 bitcoin.
so I am grateful to not have to get 450 bitcoin to buy a house, because it is difficult or impossible for me to get 450 bitcoin. although it might be, it takes decades.

In my county, it will take about 500 bitcoin to get a decent house now. So I have to wait for a few more years.
That is too much of a house, are building a mansion, in my country with only 50 BTC, I could already build a wonderful house. You might need to wait for more years before you can get that big amount of BTC for your house mate and that would also depend on how much you have invested.

It costs much less to build a house. If you buy a newly built house, the cost is much higher than building yourself.
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August 28, 2016, 07:28:32 AM
 #1048

Many people dream about house to build or to buy their own but others till dream only because they cant afford to buy a house. If you have a 10btc above maybe its the time to wait the price of btc hit your desire price before you make a decisions to buy a house or invest it again.
But if i were you if have a 50 btc and above now you make a decision to buy a house or to build it becoz 50 btc if you converted it into cash is enough to build a house if you have own lot.
50 bitcoin are equals to 29,854 USD which it is far than enough to build or buy a house if you live in USA, as average cost for custom home building are around 304,268 USD according to home advisor. so you need 450 bitcoin more to build a comfortable house in USA.

a house are property and investing on property are pretty wise choice. you should not procrastinate it.

really expensive, in my country might at least be able to get home a simple but luxurious look with 50 bitcoin.
so I am grateful to not have to get 450 bitcoin to buy a house, because it is difficult or impossible for me to get 450 bitcoin. although it might be, it takes decades.

In my county, it will take about 500 bitcoin to get a decent house now. So I have to wait for a few more years.
That is too much of a house, are building a mansion, in my country with only 50 BTC, I could already build a wonderful house. You might need to wait for more years before you can get that big amount of BTC for your house mate and that would also depend on how much you have invested.

It costs much less to build a house. If you buy a newly built house, the cost is much higher than building yourself.
That depends on the area, it is better for me if I will build my own house so I can make a good design that I want to be realize. But that is just a dream for me now because I do not have enough money to do that, and hopefully bitcoin will give me a house in the future from my investment.

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August 28, 2016, 09:27:43 AM
 #1049

That dependent on how well you want house to look and layout.sometime newly built house is more expensive than bought house.
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August 28, 2016, 11:05:21 AM
 #1050

I will trade my BTC to something like gold or silver, and if that doesn't work, I'll try trading for goods. However, that day is far.
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August 28, 2016, 11:49:35 AM
 #1051

If the price of bitcoin goes up very high, yes it's better to buy a house by your bitcoins. Because i'm sure the price of bitcoin not always increase and also can decrease. Before that happen, it's better to sell it all and buy a house.
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August 28, 2016, 11:59:29 AM
 #1052

That dependent on how well you want house to look and layout.sometime newly built house is more expensive than bought house.

Well, some old houses are much expensive than new specially if it is near the business districts, sometimes it reaches 6 digits even when it is very old or more than 30 years old house...

I will trade my BTC to something like gold or silver, and if that doesn't work, I'll try trading for goods. However, that day is far.

For what? if you can buy a house using bitcoin I think no need to trade btc to silver or gold...


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August 28, 2016, 12:13:10 PM
 #1053

   It's good business to buy house, rearrange it, add something new, and then sell it for more money. Youcan try to sell it for bitcoins.That sounds like great plan in my head.
   Real estates are always good investment, and in my opinion that is much more safe then bitcoins. Bad side of real estimates is that you need to pay different taxes and probably there is other monthly expenses. I don't know what is smart thing to do, if you have enough bitcoins to buy a house then you are a rich person, its stupid from us poor people to tell you what you to do, any advice from us is meaningless, if we are smart we would make a lot of money like you did.
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August 28, 2016, 12:26:13 PM
 #1054

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

because We can not say when the price of bitcoin will rise and what otherwise would. we also do not know how much it costs for you to be able to buy a home. so we have to find more ways to get more Bitcoins and invest.

the main question is how much bitcoin you save at wallet??
Maybe better not to take risks on investments and try to work while on the difference in prices on the stock exchanges. It seems to me the risk, but smaller.
Investing is definitely risky but that is our only chance to earn a good amount of money and we cannot have that money if we are afraid to risk. Actually that would depend on our ambition in life and if we want to live a comfortable life then we should not rely on our jobs alone and try to risk to earn more.
yeah investment is a risky thing, but it can provide great benefits to you. the level of risk will depend on your election will choose the investment that you choose.
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August 28, 2016, 03:12:58 PM
 #1055

Many people dream about house to build or to buy their own but others till dream only because they cant afford to buy a house. If you have a 10btc above maybe its the time to wait the price of btc hit your desire price before you make a decisions to buy a house or invest it again.
But if i were you if have a 50 btc and above now you make a decision to buy a house or to build it becoz 50 btc if you converted it into cash is enough to build a house if you have own lot.
50 bitcoin are equals to 29,854 USD which it is far than enough to build or buy a house if you live in USA, as average cost for custom home building are around 304,268 USD according to home advisor. so you need 450 bitcoin more to build a comfortable house in USA.

a house are property and investing on property are pretty wise choice. you should not procrastinate it.

Actually you need more than 450 since you will need to pay capital gains taxes once you convert the BTC to USD to buy the house you want... so unless you are already rich, its better to hold your BTC until they are worth millions.
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August 29, 2016, 08:55:30 AM
 #1056

Yeah if you have bitcoin in huge amount and hold it wait for high price then you should buy a house, because bitcoin price is really going to up higher people are buying bitcoin in huge amount because present price is low to good buy bitcoin they sure that bitcoin will be going to higher sooner.
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August 29, 2016, 09:02:47 AM
 #1057

buying house with bitcoin is very good, but it is only good when bitcoin price reach to an higher mark. righ now bitcoin price is not that much high. but chances of growing of price is very high.
so if someone buy house with current price of bitcoin and after some time bitcoin price go up and reach to double then he will be surely regrets..
Personally I don't prefer to buy house with bitcoin if I had fiat currency.

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August 29, 2016, 09:37:12 AM
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Yeah if you have bitcoin in huge amount and hold it wait for high price then you should buy a house, because bitcoin price is really going to up higher people are buying bitcoin in huge amount because present price is low to good buy bitcoin they sure that bitcoin will be going to higher sooner.

holding is good way to save+invest our money. but for growing our bitcoin, i prefered mining or trading.
we can sell at high price then buy back at low price, so we can get interest for each month
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August 29, 2016, 10:33:02 AM
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Many people dream about house to build or to buy their own but others till dream only because they cant afford to buy a house. If you have a 10btc above maybe its the time to wait the price of btc hit your desire price before you make a decisions to buy a house or invest it again.
But if i were you if have a 50 btc and above now you make a decision to buy a house or to build it becoz 50 btc if you converted it into cash is enough to build a house if you have own lot.
50 bitcoin are equals to 29,854 USD which it is far than enough to build or buy a house if you live in USA, as average cost for custom home building are around 304,268 USD according to home advisor. so you need 450 bitcoin more to build a comfortable house in USA.

a house are property and investing on property are pretty wise choice. you should not procrastinate it.

Your calculation is right but it is according to the current price of bitcoin, and the OP is asking that when the price of bitcoin rise up very high, I hope that in some years the price of bitcoin will be much high and hewill be able to buy a house with only a smaller amount of bitcoins.

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August 29, 2016, 10:36:43 AM
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Why not if you have a lot of bitcoin and if you think it is enough to buy a house you should buy it, for me if i given a chance to buy a house using a bitcoin i will put the logo of bitcoin in the front of my house recognizing bitcoin is the part of my house.
Buying a house would be the best option for not only it will give you shelter but also a good investment.Bitcoin prices are highly unstable and can fall anytime.We have seen it in 2013 when price reached $1000.It has yet to go that high again
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